BasedLine

Date: 13-Sep-2012
KSE-100 Index
Previous Index 15,214.02
Current Index 15,278.48
Change % 0.42%
YTD (CY12) 34.64%
YTD (FY13) 10.70%
Volume (mn) 125.39
Capitilization(USD bn) 39.56
FIPI (USDmn)(Daily) 0.14
FIPI (USDmn) (YTD) 81.47

KSE-100 Index
Previous Index 26,894.27
Current Index 27,098.15
Change % 0.76%
YTD (CY12) 34.56%
YTD (FY13) 13.97%
Volume (mn) 57.72
Capitilization (USDbn) 5.60

International Indicators
 
Close
%age
BSE-30 18,000.03 0.12
HANGSENG 20,105.42 0.15
NIKKEI 225 9,001.39 0.46
FTSE 5,782.08 -0.17
DJIA 13,333.35 0.07
SSEC 2,116.14 -0.49
NASDAQ 3,114.31 0.07

 
Close
%age
TASI 7,104.50 0.25
KSE(Kuwait) 5,834.69 0.15
BSE 1,072.17 -0.03
MSM 5,563.18 0.21
ADX 2,602.20 0.21
DFM 1,571.39 0.90
QSE 8,570.56 1.13

KIBOR
 
%age
3 Months 10.39
6 Months 10.45
12 Months 10.79

T-Bills
%age
3 Months 10.26
6 Months 10.26
12 Months 10.27

Bonds
 
%age
3-Y PIB 10.96
5-Y PIB 11.48
10-Y PIB 11.83
20-Y PIB 12.23
30-Y PIB 12.33
Capital Market Overview

Market watch: Investors cautious amid political uncertainty

The Karachi Stock Exchange’s (KSE) benchmark 100-share index climbed 0.42% or 64.46 points to end at the 15,278.48 point level.Trade volumes remained low at 176 million shares compared with Tuesday’s tally of 154 million shares. more... (ET)

News Clippings

Projects being delayed: Economic decision-makers shuffle files back and forth

Hundreds of mega projects are facing delays resulting in cost overruns as files seeking required funds roll back and forth between the Finance ministry and Planning Commission (PC) because of the ministry’s persistent refusal to allow the commission to release funds. more... (ET)

Finance Ministry fixes POL prices, NA told

Parliamentary Secretary for Ministry for Petroleum and Natural Resources Shahnaz Shaikh on Wednesday said that the Ministry had nothing to do with the fluctuation of prices of petroleum products and the same was done by Finance Ministry as proposed by the OGRA. more... (FD)

Govt amends capital gains tax rules

The government on Wednesday issued capital gains tax (CGT) rules on securities trading; removing the last bottleneck in deducting the tax on sales of shares in the equity market. more... (ET)

Automobile industry in hot water

The huge influx of used cars in Pakistan is not only hurting the local automobile industry but also causing substantial losses to the national exchequer on account of revenues and putting pressure on country’s foreign exchange reserves. more... (DT)

Growth rate of 3% is meaningless, says Haque

Leading regional economists have questioned Pakistan’s approach of ‘exclusive growth’ and urged the country’s economic managers to think about including all segments that will help push the sluggish growth rate up. more... (ET)

FBR to revisit FY13 Qtrly revenue target

The Federal Board of Revenue has decided to readjust the quarterly revenue collection targets set for 2012-13 after assigning the projections of sales tax, withholding tax and Federal Excise Duty (FED) collection at the import stage to Large Taxpayer Units (LTUs) and Regional Tax Offices (RTOs). more... (FD)

 

NAVs and Returns
as of Sep12, 2012
Funds Offer Redemption
POGSF
10.3316/-
10.3316/-
YTD Return
14.09%
POAIIF
52.9023/-
52.3733/-
YTD Return
9.41%
POAAAF
53.84/-
52.49/-
YTD Return
4.83%
POIAAF
56.66/-
55.24/-
YTD Return
5.08%
POAF
11.65/-
YTD Return
10.34%

Funds Rating
AMC
AM3
POAIIF
AA-(f)
POAF
A+ (f)
POAAAF
3 Star
POIAAF
5 Star

  July-12 June-12
MoM (%)
AUM's (PKR bn) 376.73 381.83 -1.34
No of AMCs 24 24 -
No of Funds 124 124 -

Economic Highlights
 
GDP Growth FY12 3.70%
Per Capita Income $1,372
Reserves
(August 12, 2012)
$15.54bn
Trade Deficit
(July 12)
$(1.60)bn
Curr. A/C
(July 12)
$(297mn)
Remittances
(Jul-Aug 12)
$2.46bn
Foreign Investment (July11-June12) $741.5mn
CPI Gen. - YoY
(July-12)
9.60%
CPI Gen. - FY12
(July 11- June 12)
11.0%

Commodities
 
WTI (USD/bbl) 97.09
Gold Futures(USD/oz) 1,730.80
Cement (Rs./Bag) 446.38
Coal Spot(USD/ton) 86.40
Urea Fertilizer (Rs/bag) 1,698.33
DAP (Rs./bag) 2,642.29
KCA Cotton (Rs/mound) 5,650.00
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(BR) Business Recorder, (D) Dawn, (N) The News, (DT) Daily Times, (FD) The Financial Daily, (KSE) Karachi Stock Exchange

Separator
Disclaimer:
This Bizz Info is being circulated for information purposes only and no action is being solicited based on it. Information and calculations presented in this news update have been generated from sources which we believe to be reliable, however we do not represent that it is accurate, complete and should be relied upon. Pak Oman Asset Management Company Ltd. does not assume any liability on it. This Bizz Info or any part of it should not be reproduced, published or distributed without prior permission.